<ul data-eligibleForWebStory="true"><li>Nykaa aims to achieve EBITDA break-even for its fashion business in the ongoing financial year (FY26).</li><li>The company plans to expand its fashion vertical significantly over the next five years through product line expansion and new customer acquisition.</li><li>Nykaa's fashion segment witnessed a 55% CAGR, reaching INR 3,804 Cr GMV in FY25 from INR 666 Cr in FY21, with a customer base increase to 8 Mn from 700K.</li><li>In Q4 FY25, Nykaa reported a 43% YoY EBITDA growth to INR 133 Cr, with the EBITDA margin expanding to 6.5%.</li></ul>

Nykaa Targets Fashion Business EBITDA Break-Even In FY26

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